Altra Shoe Company, a calendar-year corporation, purchased a new piece of equipment for $200,000 on July 1.20x1. Additional costs of the press included sales tax of 7 percent of purchase price) and freight of $1,000. The equipment has a useful life of 10 years or 21,500 hours with no salvage value. Compute the depreciation expense for 20x1 (the year of acquisition) and 20x2 (the second year) using the straight-line depreciation method. Select one: a. 20x1 Depreciation - $10,750 (year of acquisition) 20x2 Depreciation $21,500 [year two) b. 20x1 Depreciation - $10,000 year of acquisition) 20x2 Depreciation - $20,000 year two) c. 20x1 Depreciation - $13,000 year of acquisition) 20x2 Depreciation - $24,000 year two) d. 20x1 Depreciation - $21.500 (year of acquisition) 20x2 Depreciation - $21,500 (year two)